Announced
Synopsis
Carlyle, an investment firm, agreed to acquire a majority stake in Sciens Building Solutions, a full-service commercial fire and life safety company, from Huron Capital, a private equity firm. Financial terms are not disclosed. “We’re excited to partner with Terry and Sciens’ experienced and talented team to fuel the Company’s growth in such an attractive market. By combining management’s unparalleled knowledge of the fire and life safety industry with our resources and network of relationships, we aim to add value for Sciens’ customers, channel partners and employees. This investment is consistent with our demonstrated strategy within the broader business services space, and we look forward to helping the team accelerate their vision of building a best-in-class and differentiated company," Greg Nikodem, Carlyle Managing Director.
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